UPDATE 1-U.S. top court says 2nd mortgages on 'underwater' homes cannot be voided in bankruptcy

WASHINGTON, June 1 (Reuters) - The U.S. Supreme Court on Monday handed a win to Bank of America Corp by ruling that a second mortgage on an "underwater" home - one with a mortgage balance exceeding...

from Reuters: Bankruptcy News http://ift.tt/1I1Bs1Q